New Delhi, Sept. 21 -- The revised Goods and Services Tax (GST), announced earlier this month, will come into effect from tomorrow, with only two rates remaining in place: 5 per cent and 18 per cent. A special 40 per cent rate applies only to pan masala, cigarettes, aerated water with added sugar, carbonated beverages, and similar items.

Finance Minister Nirmala Sitharaman also underlined that many electronic items used by the middle class - including TVs, air conditioners, and some bikes - have been moved to the 18 per cent slab.

For consumers, the changes bring a mixed impact. Prices of some everyday essentials and services have fallen, providing relief to households already grappling with inflation. Conversely, leisure, luxury, and c...